Advanced Micro Devices CEO Reportedly Seeks Samsung Partnership, Meets Korean Executives

MT Newswires Live16:37

Advanced Micro Devices (AMD) is pursuing a collaboration with Samsung Electronics in memory and chip manufacturing, multiple outlets reported Wednesday, citing Chief Executive Lisa Su and an unnamed person familiar with the matter.

Su reportedly held talks with SK Hynix (SKHY) leadership and scheduled a meeting with Samsung semiconductor head Jun Young-hyun during a trip to South Korea, the reports said.

The company depends heavily on South Korean suppliers to reach its data center targets and is encouraging manufacturers to improve output, Reuters quoted Su as saying.

AMD, Samsung Electronics, and SK Hynix did not immediately respond to MT Newswires' request for comment.

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